Questron Technology, Inc.
                                                6400 Congress Avenue, Suite 300A
                                                            Boca Raton, FL 33487


                                                                   July 29, 1998

Mr. Malcolm Tallmon, President
Fortune Industries, Inc.
3408 South Jones
Fort Worth, TX  76110

Dear Malcolm:

    We hereby agree to amend the Stock Purchase  Agreement  dated as of June 12,
1998 (the "Agreement") by and between Questron  Technology,  Inc.  ("Questron"),
Fortune Industries,  Inc.  ("Fortune") and the stockholders of Fortune listed on
Schedule 1.1 of the Agreement (the "Stockholders"), as follows:

    1. the date  referenced in paragraph  2.2(a)(ii)  of the Agreement  shall be
changed  from July 31, 1998 to  September  30,  1998;  2. the minimum  number of
shares of Initial  Questron Common Stock  referenced in paragraph  1.2(a) of the
Agreement shall be changed so that the minimum number of shares will be computed
as if the  Closing had taken place on July 31,  1998;  and 3. the 1999  Deferred
Purchase Price  referenced in paragraph  1.2(b) shall be modified to stipulate a
minimum payment of $1,264,591.68 based on Fortune's first half results in 1998.

    In addition,  should the Closing not take place on or before  September  30,
1998,  Questron  agrees to  reimburse  Fortune  for up to $20,000 for legal fees
incurred in connection with the Agreement.

         Please indicate your acceptance of the provisions of this letter by
signing on behalf of Fortune the enclosed copy of this letter, with each of the
Stockholders signing on page two, and returning it to me.


                                   Sincerely,

                                                     /s/ Dominic A Polimeni
                                                     ---------------------------
                                                     Dominic A. Polimeni
                                                     Chairman, President and
                                                     Chief Executive Officer


Mr. Malcolm Tallmon
July 29, 1998
Page Two



Agreed and accepted by:

Fortune Industries, Inc.

         /s/ Malcolm Tallmon, President
         --------------------------
By:      Malcolm Tallmon, President


Agreed and accepted by:


Stockholders

         /s/ Richard E. Hix
         --------------------------
By:      Richard E. Hix


         /s/ Kyle G. Crowley
         --------------------------
By:      Kyle G. Crowley


         /s/ Richard E. Burkhard
         ---------------------------
By:      Richard E. Burkhard


          /s/  Kendall P. Craig
         ----------------------------
By:      Kendall P. Craig


         /s/ Doc. H. Lankford
         -----------------------------
By:      Doc. H. Lankford


         /s/ Malcolm Tallmon for Charlie Gralapp
         -----------------------------------
By:      Charlie Gralapp


          /s/ Gary W. Drechsel
         -----------------------------------
By:      Gary W. Drechsel



          /s/  Malcolm Tallmon
          ---------------------------------
By:      Malcolm Tallmon



         /s/ Floyd McLerran
         -----------------------------------
By:      Floyd McLerran



         /s/ Deborah A. Alvis
         ---------------------------------
By:      Deborah A. Alvis



         /s/ Robert Johnson Jr.
         --------------------------------
By:      Robert Johnson Jr.



         /s/ Barbara J. Windham
         --------------------------------
By:      Barbara J. Windham



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